NOT LISTED FOR SALE

3701 Winchell Ave Kalamazoo, MI 49008

Oakland-Winchell Neighborhood

Estimated Value: $463,000 - $702,489

-- Bed
2 Baths
-- Sq Ft
0.58 Acres

Last Sold July 25, 2016

Last sale price $250,000

Est. 135% increase in value since last sale

Current estimated payment $3,647/month

95 Days on Market

Highlights

  • Cooling System Mounted In Outer Wall Opening
  • Forced Air Heating and Cooling System
  • Lot Has A Rolling Slope
  • Property is near a preserve or public land
  • 12 Car Garage

About This Home

As of July 2016

A savvy investor or owner-occupant will realize the value of this set of two adjacent duplexes in Winchell neighborhood. Built in 1967 of ''the right stuff'' with brick exterior, frame construction, and substantial technique. Two side-by-side duplexes. The eastern two-unit has a four-bedroom and two-bedroom component. The western two-unit is composed of mirror-image two-bedroom apartments. Both duplexes have a combination of modern forced air HVAC and some electric heat and Pella windows throughout. All have basement access. All have garages, with six brand new garage doors. The rental history is superb, in a neighborhood with exceptional character, the Winchell walk-to elementary school, and the Kalamazoo Promise.

Last Agent to Sell the Property

Carl Phalin

Jaqua, REALTORS License #6506016268 Listed on: 03/01/2016

Jaqua, REALTORS

Co-Listed By

John Buttery

Jaqua, REALTORS License #6501090129

Last Buyer's Agent

Brandy Blanchard

Berkshire Hathaway HomeServices MI License #6501335646

Berkshire Hathaway HomeServices MI

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1967

Lot Details

  • 0.58 Acre Lot
  • Lot Dimensions are 257 x 86
  • Lot Has A Rolling Slope

Parking

  • 12 Car Garage

Home Design

  • Brick Exterior Construction
  • Composition Roof
  • Aluminum Siding

Basement

  • Natural lighting in basement

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Radiant Heating System

Listing and Financial Details

  • Tenant pays for trash collection, gas
  • The owner pays for water, sewer

Community Details

Overview

  • 2 Buildings
  • 4 Units
  • Property is near a preserve or public land

Building Details

  • Insurance Expense $1,940
  • Maintenance Expense $2,773
  • Utility Expense $466
  • Operating Expense $16,705
  • Gross Income $28,250
  • Net Operating Income $11,545

Property Details

Home Type

Multi-Family

Year Built

Built in 1967

Lot Details

0

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi-Family
  • New Construction: No
  • Year Built: 1967
  • Location Property Info:Property Sub-Type: 2 to 4 Units
  • General Property Info:New Construction2: No
  • General Property Info:Lot Dimensions: 257 x 86
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: Yes
  • Tax Info:Annual Property Tax: 12076.0
  • Tax Info:Zoning3: RM-15
  • General Property Info:Total _pound_ Units: 4
  • General Property Info:Total _pound_ Bldgs: 2.0
  • Roofing:Composition: Yes
  • Heat Type:Forced Air: Yes
  • Air Conditioning:Central Air: Yes
  • Heat Source:Natural Gas3: Yes
  • Util Avail at Street:Natural Gas2: Yes
  • Utilities Attached:Natural Gas: Yes
  • Air Conditioning:Wall Unit(s): Yes
  • Sewer:Public: Yes
  • Water:Public2: Yes
  • Lot Description:Rolling Hills: Yes
  • Heat Type:Radiant: Yes
  • Substructure:Daylight: Yes
  • Lot Description:Adj to Public Land: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Basement, Daylight

Exterior Features

  • Construction Materials: Aluminum Siding, Brick
  • List Price: 285000.0
  • Lot Features: Adj to Public Land
  • Number of Buildings: 2
  • Road Surface Type: Paved
  • Roof: Composition
  • Topography: {"Rolling Hills":true}
  • Waterfront: No
  • Access Feat:Accessibility Features2: No
  • Exterior Material:Aluminum Siding: Yes
  • Exterior Material:Brick: Yes

Garage/Parking

  • Total Parking Spaces: 12.0
  • General Property Info:Total Parking Spaces: 12.0
  • Extras:Garages: Yes
  • Unit 1:Garage4: Yes
  • Unit 2:Garage5: Yes
  • Unit 3:Garage6: Yes

Utilities

  • Cooling: Wall Unit(s), Central Air
  • Cooling: Yes
  • Heating: Radiant, Forced Air, Electric, Natural Gas
  • Heating: Yes
  • Utilities: Natural Gas Connected
  • Water Source: Public
  • Heat Source:Electric2: Yes

Lot Info

  • Lot Size Acres: 0.58
  • Lot Size Area: 0.58
  • Lot Size Sq Ft: 25308.0
  • Zoning Description: RM-15
  • ResoLotSizeUnits: Acres

Rental Info

  • Owner Pays: Water, Sewer
  • Tenant Pays: Trash Collection, Gas

Multi Family

  • Gross Income: 28250.0
  • Insurance Expense: 1940.0
  • Maintenance Expense: 2773.0
  • Net Operating Income: 11545.0
  • Number of Units Total: 4
  • Operating Expense: 16705.0

Tax Info

  • Tax Annual Amount: 12076.0
  • Tax Year: 2015

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 1, 2016
Closed on
Jul 25, 2016
Sold by
The Virginia L Dedoes Trust
Bought by
Maycroft Matthew J
Seller's Agent
Carl Phalin
Jaqua, REALTORS
Buyer's Agent
Brandy Blanchard
Berkshire Hathaway HomeServices MI
List Price
$299,900
Sold Price
$250,000
Premium/Discount to List
-$49,900
-16.64%
Current Estimated Value
$587,122

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$337,122
Avg. Annual Appreciation
9.88%
Original Mortgage
$187,500
Interest Rate
3.43%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Maycroft Matthew J $250,000 Ask Services Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Maycroft Matthew J $187,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/25/2016 07/25/16 Sold $250,000 -16.6% --
06/04/2016 06/04/16 Pending -- -- --
03/01/2016 03/01/16 For Sale $299,900 -- --
Source: Southwestern Michigan Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $5,370 $269,900 $0 $0
2024 $5,370 $254,000 $0 $0
2023 $5,118 $220,700 $0 $0
2022 $10,507 $197,800 $0 $0
2021 $10,680 $182,600 $0 $0
2020 $11,521 $206,700 $0 $0
2019 $11,053 $191,000 $0 $0
2018 $10,910 $182,000 $0 $0
2017 $11,616 $178,000 $0 $0
2016 $11,616 $201,400 $0 $0
2015 $11,616 $190,500 $0 $0
2014 $11,616 $183,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Carl Phalin

    Seller's Agent in 2016

    Carl Phalin

    Jaqua, REALTORS

    (269) 207-7783

    6 in this area

    72 Total Sales

    Section Image

  • J

    Seller Co-Listing Agent in 2016

    John Buttery

    Jaqua, REALTORS

    Section Image

  • B

    Buyer's Agent in 2016

    Brandy Blanchard

    Berkshire Hathaway HomeServices MI

    (269) 806-2495

    1 in this area

    63 Total Sales

    Section Image
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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 16008137

Southwestern Michigan Association of REALTORS®

APN: 06-30-272-001

Michigan Kalamazoo County Kalamazoo 49008 Oakland-Winchell

3701 Winchell Ave, Kalamazoo, MI

This home is located at 3701 Winchell Ave, Kalamazoo, MI 49008 since 01 March 2016 and is currently estimated at $587,122. This property was built in 1967. 3701 Winchell Ave is a home located in Kalamazoo County with nearby schools including Winchell Elementary School, Maple Street Magnet School for the Arts, and Loy Norrix High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Southwestern Michigan Association of REALTORS® Information is deemed reliable but not guaranteed.
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